Since late November there has been technical Accumulation. MACD, OBV, Momentum, RSI and ADX all have risen too since that time!
Weekly Time Series below shows the number of transactions and value has steadily risen since July.
Dinero, Okvau extension drilling results due shortly, and as you question, WA drilling results due thereafter I'd guess.
I think the cost per ounce is the greatest reason for the price rise. Also, the company is tightly held- less than 625M SOI. Cash always building; drilling results imminent; and a broader plan for increased production over the next 2 years without dilution, has the company being sought-after.
GLTAH
EMR Price at posting:
$3.23 Sentiment: Buy Disclosure: Held
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